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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $328,833 and $334,780, respectively; includes $4,335 and $4,266, respectively, relating to variable interest entities) $ 351,353 $ 365,425
Equity securities available-for-sale, at estimated fair value (cost: $3,117 and $3,076, respectively) 3,677 3,631
Fair value option and trading securities, at estimated fair value (includes $603 and $704, respectively, of actively traded securities; and $14 and $60, respectively, relating to variable interest entities) 16,460 16,689
Mortgage loans (net of valuation allowances of $325 and $305, respectively; includes $266 and $280, respectively, at estimated fair value, relating to variable interest entities; includes $345 and $308, respectively, under the fair value option) 64,010 60,118
Policy loans (includes $3 and $3, respectively, relating to variable interest entities) 11,575 11,618
Real estate and real estate joint ventures (includes $0 and $8, respectively, relating to variable interest entities; includes $898 and $172, respectively, of real estate held-for-sale) 10,207 10,525
Other limited partnership interests (includes $27 and $34, respectively, relating to variable interest entities) 8,099 8,085
Short-term investments, principally at estimated fair value (includes $27 and $20, respectively, relating to variable interest entities) 14,594 8,621
Other invested assets, principally at estimated fair value (includes $55 and $56, respectively, relating to variable interest entities) 20,409 21,283
Total investments 500,384 505,995
Cash and cash equivalents, principally at estimated fair value (includes $42 and $57, respectively, relating to variable interest entities) 8,074 10,808
Accrued investment income (includes $21 and $21, respectively, relating to variable interest entities) 3,990 4,120
Premiums, reinsurance and other receivables (includes $19 and $21, respectively, relating to variable interest entities) 24,872 22,244
Deferred policy acquisition costs and value of business acquired (includes $241 and $235, respectively, relating to variable interest entities) 24,379 24,442
Goodwill 9,644 9,872
Other assets (includes $139 and $134, respectively, relating to variable interest entities) 7,589 7,862
Separate account assets (includes $1,120 and $1,128, respectively, relating to variable interest entities) 319,477 316,994
Total assets 898,409 902,337
Liabilities    
Future policy benefits (includes $649 and $579, respectively, relating to variable interest entities) 188,928 189,586
Policyholder account balances (includes $22 and $33, respectively, relating to variable interest entities) 204,262 209,294
Other policy-related balances (includes $225 and $198, respectively, relating to variable interest entities) 14,393 14,422
Policyholder dividends payable 699 684
Policyholder dividend obligation 2,328 3,155
Payables for collateral under securities loaned and other transactions 35,532 35,326
Short-term debt 100 100
Long-term debt (includes $134 and $151, respectively, at estimated fair value, relating to variable interest entities) 16,770 16,286
Collateral financing arrangements 4,164 4,196
Junior subordinated debt securities 3,193 3,193
Current income tax payable 71 184
Deferred income tax liability 10,762 11,821
Other liabilities (includes $62 and $80, respectively, relating to variable interest entities) 27,741 24,437
Separate account liabilities (includes $1,120 and $1,128, respectively, relating to variable interest entities) 319,477 316,994
Total liabilities $ 828,420 $ 829,678
Contingencies, Commitments and Guarantees (Note 13)    
Redeemable noncontrolling interests in partially-owned consolidated subsidiaries $ 92 $ 99
MetLife, Inc.’s stockholders’ equity:    
Preferred stock, par value $0.01 per share; $2,100 aggregate liquidation preference 0 1
Common stock, par value $0.01 per share; 3,000,000,000 shares authorized; 1,159,001,121 and 1,153,998,144 shares issued, respectively; 1,116,754,686 and 1,131,927,894 shares outstanding, respectively 12 12
Additional paid-in capital 30,718 30,543
Retained earnings 34,376 32,020
Treasury stock, at cost; 42,246,435 and 22,070,250 shares, respectively (2,172) (1,172)
Accumulated other comprehensive income (loss) 6,443 10,649
Total MetLife, Inc.’s stockholders’ equity 69,377 72,053
Noncontrolling interests 520 507
Total equity 69,897 72,560
Total liabilities and equity $ 898,409 $ 902,337